hedwards: It's a fairly standard definition. Transformers is a fairly bad example as we've got robots now that can do back flips, sure cramming the kit into the shape of a car is implausible at the current time, but there's nothing in particular to say that it couldn't be done with sufficient technology. It wasn't really that long ago that sending people to the moon would have seemed just as implausible.
As far as Harry Potter goes, if you seriously think that's in the same ballpark of plausibility as the Transformers, then I'm not even sure why I'm responding. With improvements in materials sciences and energy storage, the Transformers definitely could be a thing. Whereas what goes on in Harry Potter is completely impossible.
Breja: I didn't mean them as example of just "robots" but rather "giant sentient alien robots that hide among humans by changing into cars". And Hary Potter is about wizards hiding among humans. I was just looking for a particularly ridiculous sci-fi franchise doing something similiar to a fantasy franchise.
There's plenty of sci-fi that's totally implausible. Hell, Arthur C. Clarke wrote a whole collection of sci-fi stories the central conceit of which was that they are tall tales told at a pub and even the narrator relating them often points out that they are most often utterly implausible, but it's still sci-fi. I think a much better definiton than one relying on plausibility is simply "technology = sci-fi, magic = fantasy".
Congratulations, you sir are part of the problem. If you take that definition, then both Star Trek and Star Wars are in the same genre, which is liable to get you tarred and feathered in some parts as the two are in very different genres.
Having to keep things to some sort of technological possibility makes for a very different story to tell as you can't just create your own physical law breaking idea to get yourself out of a jam. It's one thing to violate rules that we don't know about or are difficult to break versus quite a different thing to violate ones we know full well can't be broken.
EDIT: I'm not considering the movies here, obviously, some of them stray way too far in terms of things like time travel. Also, the warp drive, while impossible, really isn't something that should be factored in as it's mostly something that goes on off screen.
And yes, I realize that's kind of arbitrary, but anything on film is going to be adjusted to make for something that's watchable. Taking centuries between star system with a completely different cast each week is unlikely to be something that people will watch even if it is kind of magicy.